St Davids Foundation
- Assets
- $1.6b
- Revenue
- $177.6m
- Investments
- $847.1m
- Employees
- 96
- Location
- Austin, TX
- Founding
- 01/1964
- Data as of
- 12/2022
- EIN
- 74-1356589
Organization Overview
St Davids Foundation is located in Austin, TX. The organization was established in 1964. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2022, St Davids Foundation employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Davids Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, St Davids Foundation generated $177.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $90.4m during the year ending 12/2022. While expenses have increased by 4.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, St Davids Foundation has awarded 1,158 individual grants totaling $531,772,755. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ST. DAVID'S FOUNDATION'S ("FOUNDATION") MISSION IS TO ADVANCE HEALTH EQUITY IN CENTRAL TEXAS THROUGH INVESTMENT & ACTION.
Describe the Organization's Program Activity:
THE FOUNDATION IS ACTIVELY INVOLVED IN MEETING THE NEEDS OF INDIGENT MEMBERS OF THE COMMUNITY THROUGH GRANTS FOR INDIGENT PRIMARY CARE, MENTAL HEALTH SERVICES, SERVICES FOR THE ELDERLY AND GRANTS FOR WELLNESS PROGRAMS. THE FOUNDATION ANNUALLY INVESTS MORE THAN $70 MILLION IN GRANTS TO SUPPORT COMMUNITY HEALTH AND WELL-BEING. THE FOUNDATION INVESTS IN PERIODS OF VULNERABILITY AND OPPORTUNITY ACROSS THE LIFESPAN FROM OUR YOUNGEST CHILDREN TO OLDER ADULTS. WE ALSO RECOGNIZE AND WORK TO REDUCE THE BARRIERS TO CARE FOR OUR RURAL NEIGHBORS AND HARNESS THE POTENTIAL FOR CLINICS TO SERVE AS COMMUNITY HUBS FOR HEALTH.
THE FOUNDATION'S MOBILE DENTAL PROGRAM OFFERS FREE DENTAL CARE TO CHILDREN AT TITLE 1 ELEMENTARY SCHOOLS IN CENTRAL TEXAS, AS WELL AS ADULTS REFERRED BY AREA CLINICS. THIS IS THE LARGEST MOBILE CHARITY DENTAL PROGRAM IN THE COUNTRY.FROM AUGUST THROUGH MAY, THE MOBILE DENTAL PROGRAM TREATS ELEMENTARY SCHOOL CHILDREN WHO ATTEND TITLE I AND CHARTER SCHOOLS IN AUSTIN, DEL VALLE, HAYS, MANOR, PFLUGERVILLE, AND ROUND ROCK SCHOOL DISTRICTS. WHEN SCHOOL IS NOT IN SESSION, THE FOUNDATION'S VANS PARTNER WITH AREA SOCIAL SERVICE AGENCIES TO SERVE ADULTS AND FAMILIES (SEE SCHEDULE O).
THE FOUNDATION CONTROLS HOSPITALS DEDICATED TO SERVING CENTRAL TEXAS UNDER THE COMMUNITY BENEFIT STANDARD AND THE AFFORDABLE CARE ACT. ST. DAVID'S HEALTHCARE PARTNERSHIP INCLUDES HOSPITALS, FREE-STANDING EMERGENCY ROOMS, AMBULATORY CARE CENTERS, AND URGENT CARE CENTERS. THE FOUNDATION EARNED $171.5M IN REVENUES FROM THE PROVISION OF HEALTHCARE SERVICES THROUGH ST. DAVID'S HEALTHCARE PARTNERSHIP. SEE SCHEDULE H FOR MORE DETAILS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Bonilla Chair | OfficerTrustee | 10 | $0 |
Peter Pincoffs Trustee | Trustee | 5 | $0 |
Shannon Ratliff Vice Chair | OfficerTrustee | 10 | $0 |
Lino Mendiola III Secretary | OfficerTrustee | 10 | $0 |
Jerry Turner Trustee | Trustee | 1 | $0 |
Betsy Abell Trustee | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cardinal 360 Llc Operations Consulting | 12/30/22 | $858,161 |
Rand Corporation Mental Health Consulting | 12/30/22 | $388,617 |
Half Helen Foundation Vision Care Provider | 12/30/22 | $328,870 |
Constructive Website Design | 12/30/22 | $237,157 |
Austin Central Park Pediatric Dentistry Dental Care | 12/30/22 | $227,263 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,509,487 |
| Noncash contributions included in lines 1a–1f | $23,495 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,509,487 |
| Total Program Service Revenue | $171,517,000 |
| Investment income | $3,527,173 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $9,710 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $177,563,370 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $66,061,930 |
| Grants and other assistance to domestic individuals. | $1,262,230 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,665,293 |
| Compensation of current officers, directors, key employees. | $1,831,731 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,398,991 |
| Pension plan accruals and contributions | $243,647 |
| Other employee benefits | $2,016,782 |
| Payroll taxes | $663,597 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $145,490 |
| Fees for services: Accounting | $107,586 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $762,727 |
| Fees for services: Other | $3,119,902 |
| Advertising and promotion | $0 |
| Office expenses | $692,646 |
| Information technology | $542,893 |
| Royalties | $0 |
| Occupancy | $1,073,095 |
| Travel | $126,159 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,975 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $753,414 |
| Insurance | $448,774 |
| All other expenses | $396,560 |
| Total functional expenses | $90,424,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $66,153,401 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $51,373,197 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,625,137 |
| Net Land, buildings, and equipment | $2,908,907 |
| Investments—publicly traded securities | $156,810,088 |
| Investments—other securities | $847,135,140 |
| Investments—program-related | $456,122,067 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,583,128,037 |
| Accounts payable and accrued expenses | $12,213,275 |
| Grants payable | $37,521,135 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,217 |
| Total liabilities | $49,739,627 |
| Net assets without donor restrictions | $1,530,750,361 |
| Net assets with donor restrictions | $2,638,049 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,583,128,037 |
Grants Awarded
Over the last fiscal year, St Davids Foundation has awarded $66,061,930 in support to 128 organizations.
| Grant Recipient | Amount |
|---|---|
AFFORDABLE CENTRAL TEXAS INC PURPOSE: HEALTH ACCESS GRANT | $225,000 |
212 CATALYSTS PURPOSE: HEALTH ACCESS GRANT | $244,200 |
AFRICAN AMERICAN YOUTH HARVEST FOUNDATION PURPOSE: HEALTH ACCESS GRANT | $100,000 |
AIDS SERVICES OF AUSTIN DBA VIVENT HEALTH PURPOSE: HEALTH ACCESS GRANT | $1,578,376 |
ANY BABY CAN OF AUSTIN INC PURPOSE: HEALTH ACCESS GRANT | $1,092,000 |
AMERICAN YOUTHWORKS PURPOSE: HEALTH ACCESS GRANT | $231,429 |